The market adjustment is NOT the “economy”. China’s big hit is the excess of oil production and their decllining purchases of “energy”, not just stocks.
We need a constitutional amendment to protect the finances of registered political party members whose elected representatives seem unable to deal effectively with market turbulences.
What a dumb cartoon. Janet Yellen is doing quite well at the Fed, and has a calm approach to what needs to be a calming appointment. Even Larry Summers is saying we should probably not raise interest rates for another ten years, unless wages start rising.
Since the market is only as stable as the trust of the people who believe in it, who do you think causes the most harm to it? Alarmist fear mongers like Lisa Benson and Fox News.
Old Coal, what’s really interesting is the Fed (actually made up of CORPORATE bankers) loans interest free to their partners, then those institutions “loan” that SAME MONEY back to the government at high interest!!!!!
The S&P 500 is the broader measure of health, and it has also been declining. However, with the Dow losing as much as it has so quickly, it’s showing volatility. China is dragging everyone else down because their fast-and-loose monetary policy, as well as their (yes, I’m gonna say it) lax regulation on their stock market. They don’t have a mature investing industry, and thus they are much more volatile than our system.On top of that, the government has been using an iron fist to control IPO’s, and they have been using government pension money to inject funds into the market (extremely bad call), and it’s costing people their retirements. China as a governmental body doesn’t have the nuance to handle fluctuations in their markets.On our side, so much of our market base has been built in with profits and riskier investments. That’s why we’re seeing the market correction we are. Just wait until the feds decide to actually raise interest… we’ll see another massive correction come down. Right now, with all the federal money that’s been injected into the Dow & S&P, we are riding on an over-valued market. The problem is with interest rates already as low as they are, we can’t go any lower and we have limited options for future issues. For instance, if we have another housing bust, what are they going to be able to do? That’s why I think she is being criticized, because they are effectively out of options. All they can do is sit on their hands and hold out on raising interest rate, or inject more money at the cost of the taxpayers. All-in-all, I am left with the “painted into a corner,” feeling.
Dtroutma over 8 years ago
The market adjustment is NOT the “economy”. China’s big hit is the excess of oil production and their decllining purchases of “energy”, not just stocks.
Gypsy8 over 8 years ago
The stock market is overdue for a correction. Nothing new about the market going down.
superposition over 8 years ago
We need a constitutional amendment to protect the finances of registered political party members whose elected representatives seem unable to deal effectively with market turbulences.
moosemin over 8 years ago
All the “lifeboats” have been de-regulated!
ARodney over 8 years ago
What a dumb cartoon. Janet Yellen is doing quite well at the Fed, and has a calm approach to what needs to be a calming appointment. Even Larry Summers is saying we should probably not raise interest rates for another ten years, unless wages start rising.
Durak Premium Member over 8 years ago
Since the market is only as stable as the trust of the people who believe in it, who do you think causes the most harm to it? Alarmist fear mongers like Lisa Benson and Fox News.
Dtroutma over 8 years ago
Old Coal, what’s really interesting is the Fed (actually made up of CORPORATE bankers) loans interest free to their partners, then those institutions “loan” that SAME MONEY back to the government at high interest!!!!!
Wraithkin over 8 years ago
The S&P 500 is the broader measure of health, and it has also been declining. However, with the Dow losing as much as it has so quickly, it’s showing volatility. China is dragging everyone else down because their fast-and-loose monetary policy, as well as their (yes, I’m gonna say it) lax regulation on their stock market. They don’t have a mature investing industry, and thus they are much more volatile than our system.On top of that, the government has been using an iron fist to control IPO’s, and they have been using government pension money to inject funds into the market (extremely bad call), and it’s costing people their retirements. China as a governmental body doesn’t have the nuance to handle fluctuations in their markets.On our side, so much of our market base has been built in with profits and riskier investments. That’s why we’re seeing the market correction we are. Just wait until the feds decide to actually raise interest… we’ll see another massive correction come down. Right now, with all the federal money that’s been injected into the Dow & S&P, we are riding on an over-valued market. The problem is with interest rates already as low as they are, we can’t go any lower and we have limited options for future issues. For instance, if we have another housing bust, what are they going to be able to do? That’s why I think she is being criticized, because they are effectively out of options. All they can do is sit on their hands and hold out on raising interest rate, or inject more money at the cost of the taxpayers. All-in-all, I am left with the “painted into a corner,” feeling.